Member Info for sasa43

Hi NewK

Yep, HBR is 'cheaper than chips', too, around today's sub - basement sp level with its yield close to Serica's as well.

Also noted, CHAR's modest recovery, 'pending positive news' as always; gotta be fairly close now, though, after all this time, especially with the added 'onshore' potential, surely? - sasa.

Thanks TDT...

The upcoming end Q3 announcement(s) should warrant much more comprehensive coverage when released to highlight Andrada's potential and get this going at last, all being well...sasa.

Nope, I use this one, Deffo and the Shares 'watchlist' which highlights announcements with an 'N' adjacent to the sp data as a back up; between them they seem to cover every news item... sasa.

Most of which are insignificant - small 'sells' followed by small 'buys' with a bias towards the upside now...

With the H1 results only a month away from being reported, which should be quite good, given the resilience of the oil price during the 1st half / gas prices picking up of late, too, I can understand the prospect of a decent interim divd boost (my guess is 10p ps, fwiw) putting us back up to a 10% yielder having its appeal but why all this voluminous, non - sensical, 'bot' trading?

I know most trading platforms put individual orders on once received nowadays, rather than brokers usually aggregating them hitherto for their discretionary managed clients as a 'shipping order' in one go, as it used to be called, but why so many trivial orders both ways?

It beats me, tbh - sasa.

Hi NewK - hope you're right on the need for the Govt. to 'get real' vis a vis the EPL and the damage its maintenance is now doing to our domestic energy industry but will they have the 'cohones' to change it, pre election?

I doubt it somehow, given they're mesmerised by the opinion polls by all accounts but if they do, it should usefully boost the appeal of our O&G upstream producers which will be most welcome with Serica's historic 9% yield at present looking especially 'tasty' - sasa.

Talk about 'act in haste / regret at leisure' - the Govt. (following the Treasury 'mandarins' who have little, if any business experience and with their eye solely on the opinion polls) are beginning to see the folly in self - preservation, at all costs.

They'll have to quickly recognise their mistake in expecting businesses to invest in anything worthwhile in the NS suffering a 75% tax rate as 90% odd allowances as an offsetting sop just won't cut it. Would that just a few MPs had a modicum of business nous in putting the Country first rather than their own employment.

Rishi Sunak and Jeremy Hunt, both with business backgrounds, know the score here and shouldn't have succumbed to the short term political expedience in all this, having now seriously compromised the appeal of investing further in the UK's domestic energy production in doing so - ergo, shame on them - sasa.

Quite so, Theorist - most seasoned investors, through experience, endorse the old mkt saying that 'the short term trader is a long term loser' and I can't recall even one 'successful trader' who really made it, big time, either....

The dealers / MMs love 'em, though, given the plethora of turns / comms they generate from them - sasa.

Yep, I'm anticipating an interim of 10p ps (8p ps last time) fwiw - sasa.

Let's hope so, BorderSpirit - we need the tin price to recover usefully to preserve the 'free' lithium production envisaged - sasa.

Hi rgbuk - if the Barclays news is well received, I'd hope to see the sp re-rate a good deal better than that, bearing in mind we're now fully funded to really get going - sasa.

Easily done, TD2 but quickly corrected, thanks, which is the important thing - sasa.

Echo that pragmatic view, Comrieman - sasa.

Echo that sentiment, Gazzleberry - a well researched / informed, 'no nonsense' poster is TDT and although I gave up on this one myself a while ago now, it's good to see quality appreciated and such views shared amongst all...

ATB guys with greater patience than I had, despite 12 years hoping, too! - sasa.

No wonder Joe Public has near contempt for politicians; 'sound bites' are the clarion call to pander to the 'financially unwashed', I'm afraid - agree with your comment both before and after, NewK, if Labour gets in next time .

Such uncertainty engendered in the interim doesn't help sentiment surrounding the likes of Serica one jot, of course! - sasa.

Couldn't agree more, chinch, now that the Govt's on the 'back foot' - sasa.

Echo that, EJ - sasa.

Hi TDT - Well, Askari hasn't got the financial muscle on its own as far as I can see, still less the expertise / general knowledge of the area, any infrastructure, a producing tin mine already to subsidise their forthcoming Lithium production shortly, unlike AV and his team who have all that to hand, so why are they there and why now?

One can only conclude that Huayou Cobalt's 10% interest in a 'tiddler' there, is more like a 'scouting party' party for them, as you surmise; they certainly have the experience in rapidly bringing such projects like ours to fruition and the fire power, of course, should they choose to table an offer for AV to consider.

Given he's always been keen to develop Andrada's valuable assets there himself (with so much more to be discovered, too) any offer would have to be a very good one to gain his agreement and moreover, a recommendation to his shareholders to accept it, etc., to stifle any competition for us.

How much? No idea but substantially higher than today's valuation, that's for sure! That's just my view and all should DYOR, of course - sasa.

Useful stockhead article there, TDT, on Australia's growing interest in Namibia - thanks ...

Perhaps more pertinent for us, is Askari's recent acquisition of two EPL areas right next door to Andrada's prolific activity at the Uis tin mine and Spodumene hill where the Chinese group, Huayou Cobalt, has a 10% odd holding in Askari.

Should any implications be drawn from that, I wonder?

Interesting for me, anyway - sasa.

I don't generally highlight alternative stocks on resident boards, so I'll just conclude the O/T by saying that Andrada has impressive management (which we're not used to here, of late) a massive 'in ground' asset value, with cash of some $10m now in hand and, according to the CEO, more than a dozen 'interested parties' keen to get involved with them which Barclays are advising them on - details of the best offer(s) are expected in this Q3, as mentioned.

A potential 'multi bagger' in the making, imv and I'll say no more - sasa.

Hi NewK - me, too (moving my Serica divd money elsewhere) now...

I favour tech metal miners at this stage, fwiw (Lithium, Tin, Tantalum, etc.,) as the EV / battery demand / storage required for the green revolution, etc., gathers pace and especially so Andrada Mining (ATM) in this regard, having particularly big deposits of Lithium in Namibia being rapidly developed. Important partnering news due in this Q3 - well worth a look...

Just thought I'd mention it, for those not inclined to add to Serica any more - sasa.